KPIs & Operating Metrics(New)
Growth Metrics

CubeSmart (CUBE) Operating Margin (2016 - 2025)

CubeSmart (CUBE) has 15 years of Operating Margin data on record, last reported at 15.39% in Q3 2024.

  • For Q3 2024, Operating Margin fell 5567.0% year-over-year to 15.39%; the TTM value through Sep 2024 reached 93.48%, up 6292.0%, while the annual FY2023 figure was 19.28%, 1355.0% up from the prior year.
  • Operating Margin reached 15.39% in Q3 2024 per CUBE's latest filing, down from 67.84% in the prior quarter.
  • Across five years, Operating Margin topped out at 71.05% in Q3 2023 and bottomed at 0.85% in Q1 2020.
  • Average Operating Margin over 5 years is 30.91%, with a median of 16.6% recorded in 2023.
  • Peak YoY movement for Operating Margin: skyrocketed 6532bps in 2023, then plummeted -5567bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 10.52% in 2020, then tumbled by -39bps to 6.46% in 2021, then soared by 99bps to 12.87% in 2022, then skyrocketed by 427bps to 67.84% in 2023, then crashed by -77bps to 15.39% in 2024.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 15.39% in Q3 2024, 67.84% in Q4 2023, and 71.05% in Q3 2023.